SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth

SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth

Compare
Hybrid
Direct
Children

NAV: ₹ 25.2 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
127 people have invested ₹ 5L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
2.2%
4.1%
8.7%
9.8%
Benchmark
-
-
-
-
About the Fund

SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is a hybrid fund. This fund was started on  29 September, 2020. The fund is managed by Mohit Jain, Dinesh Ahuja, Rama Srinivasan. This fund gives you the benefit of diversification.

Key parameters

1) SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has a NAV of 25.2395 as on 06-12-2022.

2) SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has 644 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.14 %.

Fund Overview

Expense ratio
Expense ratio
1.14%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹644 Cr
Inception Date
Inception Date
29 September, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
3%
Lock In
Lock In
5 Years
TurnOver
TurnOver
93.92%

Fund Distribution

  • Equity 78.2%
  • Debt & Cash 21.8%
Size breakup
Small cap
35.5%
Large cap
32.7%
Mid cap
10%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

30.1%

Communication

18.4%

Consumer Cyclical

13.5%

Consumer Defensive

11.8%

Basic Materials

11.1%

Industrial

6.4%

Health

6.3%

Tech

2.5%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings29
Equity Holdings25
Debt Holdings4
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
17.68%
0%
icon
Netflix Inc
7.19%
0%
icon
Dodla Dairy Ltd
5.51%
0%
icon
Max Healthcare Institute Ltd Ordinary Shares
4.96%
0%
icon
Bajaj Finance Ltd
4.88%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 39.5 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 643.7 Cr
Sep'22
₹ 604.2 Cr
Aug'22
₹ 580.6 Cr

Fund Returns vs Benchmark

Oct'22
7.17%
6.76%
Sep'22
-0.25%
-1.46%
Aug'22
3.05%
2.61%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
29
26
31
Top 5 Company Concentration
27.3%
27%
27.7%
Company having highest exposure
Netflix Inc (7.2%)
Netflix Inc (6.1%)
Dodla Dairy Ltd (6.2%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
73.8%
76%
68.4%
Sector having highest exposure
Financial Services (23.5%)
Cash Equivalent (22.4%)
Financial Services (22.2%)

Fund Manager

Mohit Jain

Mohit Jain

Managing this fund since 29 September 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Hybrid Fund Direct Growth
14.59%
15.35%
SBI Bluechip Fund Direct Growth
17.71%
16.3%
SBI Focused Equity Fund Direct Plan Growth
17.17%
17.33%
Dinesh Ahuja

Dinesh Ahuja

Managing this fund since 29 September 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Hybrid Fund Direct Growth
14.59%
15.35%
SBI Magnum Medium Duration Fund Direct Growth
7.2%
5.19%
SBI Magnum Gilt Fund Direct Growth
7.24%
5.39%
Rama Srinivasan

Rama Srinivasan

Managing this fund since 29 September 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
0%
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AMC details

Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Fund House
SBI Funds Management Ltd

Fund Highlights

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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 52.77% since inception which is more than its category average return of 12.5%
Fund Allocations

Fund Allocations

This fund has an allocation of 78.19% in Equity, 6.17% in Debt and 15.64% in Cash related instruments
AUM size ₹644 Cr

AUM size ₹644 Cr

This fund has AUM of ₹644 Cr which is less than its category average of ₹ 1258 Cr
Expense Ratio 1.14%

Expense Ratio 1.14%

This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.8%

Frequently Asked Questions

The current NAV of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is 25.24.
Existing (Absolute + CAGR)
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.82%
2.82%
6 Month Returns
8.8%
8.8%
1 Year Returns
9.38%
9.38%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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1.14 as on November 2022
644 Cr as on November 2022
Netflix Inc(7.19%),Dodla Dairy Ltd(5.51%),Max Healthcare Institute Ltd Ordinary Shares(4.96%),Bajaj Finance Ltd(4.88%),ICICI Bank Ltd(4.8%) as on November 2022
Financial Services(23.53%),Cash Equivalent(16.16%),Communication(14.36%) as on November 2022
AAA
100
Mohit Jain,Dinesh Ahuja,Rama Srinivasan are the fund managers of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
The Exit load of SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth is 3%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.